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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
ASSETS    
Cash and due from banks $ 32,356 $ 31,995
Interest-earning deposits with other banks 28,443 6,570
Investment securities held-to-maturity (fair value $41,061 and $54,765 at December 31, 2015 and 2014, respectively) 40,990 54,347
Investment securities available-for-sale 329,770 314,283
Loans held for sale 4,680 3,302
Loans and leases held for investment 2,179,013 1,626,625
Less: Reserve for loan and lease losses (17,628) (20,662)
Net loans and leases held for investment 2,161,385 1,605,963
Premises and equipment, net 42,156 37,009
Goodwill 112,657 67,717
Other intangibles, net of accumulated amortization and fair value adjustments of $15,360 and $11,776 at December 31, 2015 and 2014, respectively 12,620 12,180
Bank owned life insurance 71,560 62,265
Accrued interest receivable and other assets 42,834 39,690
Total assets 2,879,451 2,235,321
LIABILITIES    
Noninterest-bearing deposits 541,460 449,339
Interest-bearing deposits:    
Demand deposits 790,800 640,095
Savings deposits 607,694 519,314
Time deposits 454,406 252,593
Total deposits 2,394,360 1,861,341
Customer repurchase agreements 24,211 41,974
Subordinated notes 49,377 0
Accrued interest payable and other liabilities 49,929 47,452
Total liabilities 2,517,877 1,950,767
SHAREHOLDERS’ EQUITY    
Common stock, $5 par value: 48,000,000 shares authorized at December 31, 2015 and 2014; 22,054,270 and18,266,404 shares issued at December 31, 2015 and 2014, respectively; 19,530,930 and 16,221,607 shares outstanding at December 31, 2015 and 2014, respectively 110,271 91,332
Additional paid-in capital 121,280 62,980
Retained earnings 193,446 181,851
Accumulated other comprehensive loss, net of tax benefit (16,708) (14,462)
Treasury stock, at cost; 2,523,340 and 2,044,797 shares at December 31, 2015 and 2014, respectively (46,715) (37,147)
Total shareholders’ equity 361,574 284,554
Total liabilities and shareholders’ equity $ 2,879,451 $ 2,235,321